'Cluster' strategy helps Holland industries find prosperity
Read the article 'Cluster' strategy helps Holland industries find prosperity(you can do this in the window below or follow the previous link to read the article in a separate window) and then answer the questions below.
Question 1
Define the terms:
- Innovation
- Logistics
Question 2
Explain why the 'cluster' system in the Holland-Zealand area is an example of an external economy of scale.
Question 3
Analyse the impact of location on the marketing and production functions of a business.
Question 4
Evaluate the success of Holland's 'cluster' strategy in revitalising local economies.